4 ms·
Yes! "Trade Wars are Class Wars" by Klein & Pettis is the book to read if you want to hear actual economists with actual data talk about this.
by smallmancontrov 2y ago
Yes! "Trade Wars are Class Wars" by Klein & Pettis is the book to read if you want to hear actual economists with actual data talk about this.
- no_wizard 2y agoStellar book. Can't recommend it enough. Wanted to chime in on how good this book is.
- aj_icracked 2y agoI just downloaded this and listened to it for the past 2 hours, this is a fantastic book. Thanks for the rec guys!
- mywittyname 2y agoI purchased this book after seeing all of these glowing reviews for it.
- throwaway34903 2y agoFor what it's worth Pettis thinks tariffs would be beneficial for the American economy: https://www.foreignaffairs.com/united-states/how-tariffs-can-help-america https://www.foreignaffairs.com/united-states/how-tariffs-can...
- ckemere 2y agoI read this and I was quite disappointed that he didn’t talk about labor costs and other comparative advantages for labor-heavy manufacturing to be in a different situation trade market-wise than it was in the 1930s.
- smallmancontrov 2y agoHe does talk about comparative advantage, though. Extensively. The bit about Ricardo's precondition is absolutely wild and I'm more than a little scandalized by the fact that it wasn't discussed when I took econ in school. Not to mention the history with Alexander Hamilton. Are you sure you didn't just read the link? If you want a book-sized argument, you need to read the book, or at least listen to it.
- catothedev 2y agoArchive: https://archive.ph/2025.04.07-072352/https://www.foreignaffairs.com/united-states/how-tariffs-can-help-america%23 https://archive.ph/2025.04.07-072352/https://www.foreignaffa...